Earnings release
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345 E. Main St. Warsaw , IN 46580 www.zimmerbiomet.com Media Meredith Weissman ( 703 ) 346-3127 meredith.weissman@zimmerbiomet.com ● ZIMMER ZIMMER BIOMET Moving You Forward . " ● Investors Keri Mattox ( 215 ) 275-2431 keri.mattox@zimmerbiomet.com Ezgi Yagci ( 617 ) 549-2443 ezgi.yagci@zimmerbiomet.com Exhibit 99.1 Zimmer Biomet Announces Second Quarter 2021 Financial Results Second quarter net sales of $ 2.027 billion increased 65.3 % , 60.7 % on a constant currency¹ basis Second quarter diluted earnings per share were $ 0.67 ; adjusted¹ diluted earnings per share were $ 1.90 Company updates 2021 financial guidance , narrowing range for full year outlook ( WARSAW , IN ) August 3 , 2021 - Zimmer Biomet Holdings , Inc. ( NYSE and SIX : ZBH ) today reported financial results for the quarter ended June 30 , 2021. The Company reported second quarter net sales of $ 2.027 billion , an increase of 65.3 % over the prior year period , and an increase of 60.7 % on a constant currency basis . Second quarter 2021 net sales increased 1.9 % when compared to the pre - pandemic second quarter 2019 , and were flat on a constant currency basis . Net earnings for the second quarter of 2021 were $ 141.9 million , or $ 400.5 million on an adjusted basis . Diluted earnings per share were $ 0.67 for the second quarter . Adjusted diluted earnings per share were $ 1.90 for the second quarter . 1 Reconciliations of these measures to the corresponding U.S. generally accepted accounting principles measures are included in this press release . Page 1 of 27